After a -51.871% 24h slide, $INTWB is parked just above a make-or-break floor.
Price at 8.57 hovers over 8.06 support, with RSI 14.53 very weak and EMA20 11.474 below EMA50 14.325. That matters because falling EMAs tend to act as layered resistance, capping rebounds until momentum steadies.
Range view: support 8.06, resistance 18.25. The range idea holds while hourly closes defend 8.06; a reclaim of 11.474, then 14.325 would be the first constructive steps toward 18.25. A decisive hourly close below 8.06 would invalidate this floor and keep downside pressure active.
Which level are you watching on the next 1h close first: 8.06 or 11.474?
Not financial advice.
#INTWB #PriceActionNotes #RangeLevels
Price at 8.57 hovers over 8.06 support, with RSI 14.53 very weak and EMA20 11.474 below EMA50 14.325. That matters because falling EMAs tend to act as layered resistance, capping rebounds until momentum steadies.
Range view: support 8.06, resistance 18.25. The range idea holds while hourly closes defend 8.06; a reclaim of 11.474, then 14.325 would be the first constructive steps toward 18.25. A decisive hourly close below 8.06 would invalidate this floor and keep downside pressure active.
Which level are you watching on the next 1h close first: 8.06 or 11.474?
Not financial advice.
#INTWB #PriceActionNotes #RangeLevels
